Question: Suppose you borrowed $ 2 5 , 0 0 0 at a rate of 9 . 0 % and must repay it in 4 equal
Suppose you borrowed $ at a rate of and must repay it in equal installments at the end of each of the next years. How large would your payments be
Select the correct answer.
a $
b $
c $
d $
e $
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